This summer, someone will pay $7.00 a gallon for gas and someone else will pay $0.14 a gallon. Those people will probably either be living the high life in Amsterdam or living with the low life running Venezuela, but neither will be in America.
Despite the fact that the summer brings our annual panic about gas prices ruining our economy and our way of life, gas will remain very reasonably priced compared to the rest of the world.
Think about the poor UK for a second. With the exception of killing innocent Arabs who just want to murder their own people with nerve gas, they generally scamper pretty far to the left.
For example, in the middle of our most recent “gas crisis” last summer, about 15% of the price per gallon in the United States was due to taxes.
Meanwhile, the UK was paying $6.06 per gallon, of which 67% was tax. In fact, the UK actually has a policy that raises gas taxes by 5% above inflation every year. After hearing that, don't you want to break out a little Lee Greenwood?
Yes, we have energy problems. But it's not like we don't have any idea how to solve them. We already know how to create cheap, clean, endless energy. The real problem is that there always seems to be some group, whose website ends with “dot org,” in the way.
The above is an excerpt from Stu's column in Fusion Magazine. Click here for more information on Fusion…